Plot with project for 2 storey house, basement and pool

Loulé, Faro, Portugal, 8100

For Sale

€375,000

REF: 790295 €375,000


Description

Sea view plot for sale, with approved project for a two storey villa and pool in a quiet area. This is an excellent opportunity to acquire a plot of land with outline planning permission for the construction of a two-storey villa, basement and swimming pool. The plot has good access, mains services, and very good sea and country views.

The plot is located in Parragil, a quiet area close to Loulé and Boliqueime. The villa design can be altered to suit the requirements of a new buyer, allowing you to personalise the house as you wish, and the design includes a basement which could be used as a gym, a cinema room, or a workshop. The swimming pool is on the south side of the property, to maximise the solar exposure and views.

This property is located in a good area, with quality houses in the neighbourhood. Each floor has a built area of 116m2, and the basement is 89m2, giving a total built area of 321m2. To ensure that the new owner can complete the construction of the house, the property is sold with a project approved by the council.

There is an option to purchase the plot next door (reference 1001-2328) which is also sold with an approved project for the construction of a villa and swimming pool. A good option for those wanting to build and personalise their own property, without having to wait for approvals from the council and with a guaranteed building permission, removing risk and saving time and money.
Sea view plot for sale, with approved project for a two storey villa and pool in a quiet area. This is an excellent opportunity to acquire a plot of land with outline planning permission for the construction of a two-storey villa, basement and swimming pool. The plot has good access, mains services, and very good sea and country views.

The plot is located in Parragil, a quiet area close to Loulé and Boliqueime. The villa design can be altered to suit the requirements of a new buyer, allowing you to personalise the house as you wish, and the design includes a basement which could be used as a gym, a cinema room, or a workshop. The swimming pool is on the south side of the property, to maximise the solar exposure and views.

This property is located in a good area, with quality houses in the neighbourhood. Each floor has a built area of 116m2, and the basement is 89m2, giving a total built area of 321m2. To ensure that the new owner can complete the construction of the house, the property is sold with a project approved by the council.

There is an option to purchase the plot next door (reference 1001-2328) which is also sold with an approved project for the construction of a villa and swimming pool. A good option for those wanting to build and personalise their own property, without having to wait for approvals from the council and with a guaranteed building permission, removing risk and saving time and money.
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Property on Map

#1001-2329

Currency Exchange

Loulé, Faro, Portugal, 8100

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €375,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€375,000 £310,616 £322,294 £11,678
Property Price € €375,000
Minimum cost in the last six months £310,616
Maximum cost in the last six months £322,294
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,678

Loulé, Faro, Portugal, 8100

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €375,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€375,000 £310,616 £322,294 £11,678
Property Price € €375,000
Minimum cost in the last six months £310,616
Maximum cost in the last six months £322,294
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,678

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £11,678 more.

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